45 Koolkuna Ave

Doncaster VIC 3108

0 m²

658 m²

House

Currently for sale - view listing

Overview

Cashflow treasure with an eight-bedroom rooming house permit

Only metres from Westfield Doncaster and buses bound for Box Hill TAFE, Deakin University and the city, this comfortably large family home is worth its weight in gold. A highly lucrative investment or redevelopment opportunity, it comes with a valuable permit to run an eight-bedroom rooming house, currently returning an annual income of $136,000 (from Rooming House Operators). In the heart of this abode is a meals area and modern stone-topped kitchen with stainless steel appliances, perfectly designed for this style of accommodation. Comfortably serviced by two bathrooms, a powder room, and split system air-conditioners, appreciate the convenience of a covered alfresco and secure parking for two cars. Choose your prosperous future by either: • retaining the rooming house investment; • reverting to the enormous four-bedroom plus study family home with three living zones; or • redeveloping the 658sqm (approx.) allotment with one prestige residence or premium townhouses (STCA). Zoned for highly regarded Birralee Primary School and Koonung Secondary College, nearby buses travel to Balwyn, Canterbury and Kew's elite private schools. Just moments from the Eastern Freeway, walk to Wilsons Reserve Playground, Next Gen Doncaster, and The Stables Provedore Café. Features • Eight-bedroom rooming house permit • Current income of approximately $136,000 per annum • North-facing backyard • Elevated high-side position • 658sqm (approx.) allotment • Flexible family home conversion • Development potential (STCA) • Walk to Westfield Doncaster • Walk to buses to Box Hill and the CBD • Metres from Birralee Primary School Disclaimer: We have prepared this document using our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein. Purchasers are encouraged to refer to the due diligence checklist provided by Consumer Affairs Victoria: http://www.consumer.vic.gov.au/duediligencechecklist